Rockcliff Commences VTEM Airborne Survey at Snow Lake, Survey to
posted on
Mar 04, 2011 03:08PM
Edit this title from the Fast Facts Section
Cover Tower Property and Dickstone Mine Property
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Trading Symbol RCR: TSXV
TORONTO, March 4 /CNW/ - Rockcliff Resources Inc. (RCR: TSXV) is pleased to announce that Geotech Ltd. ("Geotech") of Aurora, Ontario
has commenced a 1700 line kilometre airborne survey on four properties
within its Snow Lake Project including the Tower and Dickstone Mine
Properties. Additional properties are the Dickstone North and Rail
North Properties. Presently, Rockcliff has three drill rigs operating
on the project. Recently, (please see press release dated March 1,
2011) drilling at Tower intersected significant VMS mineralization
across 8.2m grading 7.6% copper, 2.0g/t gold, 1.7% zinc and 35.4 g/t
silver. The project is centered within the prolific Flin Flon
greenstone belt, the largest Paleoproterozoic VMS district in the
world.
The VTEM system will assist in providing, for the first time, a state of
the art airborne geophysical technology on underexplored properties
with considerable merit for VMS mineralization. The Tower Property
hosts the Tower VMS Zone (open in all directions) which is associated
along an unexplored 12 km long regional trend. The Dickstone Mine
Property hosts over 7kms of the favourable "mine trend geology". The
Dickstone North Property lies immediately north of the Dickstone Mine
and the Rail North Property is located immediately north of Rockcliff's
Rail Deposit (NI 43-101 Indicated Resource Compliant).
The survey will utilize Geotech's versatile time-domain electromagnetic
(VTEM) and high sensitivity, cesium vapour magnetometer systems over
the project area. The VTEM system has excellent depth penetration and
high spatial resolution capabilities along with superior resistivity
discrimination for detection of weaker anomalies. The survey is
expected to be completed by the end of March.
Ken Lapierre P.Geo., President and CEO of Rockcliff Resources Inc., and
Mark Smethurst P.Geo., VP Exploration of Rockcliff Resources Inc., are
Qualified Persons in accordance with Canadian regulatory requirements
as set out in NI 43-101, and are responsible for the information in
this press release.
Rockcliff Resources Inc.
Rockcliff Resources Inc. is a Canadian resource exploration company
focused on discovery and advancement of its high-quality mineral assets
at its Snow Lake Project. Rockcliff presently controls the Snow Lake
Project totalling in excess of 600 km2 located within and proximal to the Snow Lake Mining Camp. The project
presently includes one NI 43-101 Indicated Resource (Rail), two former
VMS Mines (Spruce Point and Dickstone) three historic VMS deposits
(Lon, Reed and Kof), the Tower VMS Zone, one former gold mine (Century
Mine) and one gold deposit (C-Zone) as well as additional areas with
potential for VMS (copper-rich) and gold mineralization. Rockcliff
also controls precious metal properties in northern Ontario.
Forward Looking Statement:
Some of the statements contained herein may be forward-looking
statements which involve known and unknown risks and uncertainties.
Without limitation, statements regarding potential mineralization and
resources, exploration results, and future plans and objectives of the
Company are forward looking statements that involve various risks. The
following are important factors that
could cause the Company's actual results to differ materially from those
expressed or implied by such forward looking statements: changes in the
world wide price of mineral commodities, general market conditions,
risks inherent in mineral exploration, risks associated with
development, construction and mining operations, the uncertainty of
future profitability and the uncertainty of access to additional
capital. There can be no assurance that forward-looking statements will
prove to be accurate as actual results and future events may differ
materially from those anticipated in such statements. Rockcliff
undertakes no obligation to update such forward-looking statements if
circumstances or management's estimates or opinions should change. The
reader is cautioned not to place undue reliance on such forward-looking
statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
For further information:
For more information please visit our website at http://www.rockcliffresources.com/">www.rockcliffresources.com or contact Ken Lapierre, P.Geo., President & CEO of Rockcliff Resources Inc. at (416) 863-9800 or at klapierre@rockcliffresources.com